Page 8 - Midcap Index News Today : Breaking News, Live Updates & Top Stories | Vimarsana

These MidCap Index stocks have defied market dynamics, reaching new all-time highs on September 6, 2023.

The Nifty Midcap 100 index moved past the psychologically crucial 40,000 mark for the first time on Tuesday and hit a high of 40257.90. The Nifty Smallcap 100 index tested

"Capex has come back for sure, be it government capex and of course, followed by private capex. Importantly, sectors like BFSI, which are beneficiaries of not only capex, but also consumption and credit growth, is one of the favourite sectors to be in. Yes, it is a crowded trade, but banks had a good round of correction and consolidation in the past couple of months."

The S&P BSE MidCap Index has risen more than 20% this year, surpassing a 7.4% gain in Indias equity benchmark. It is trading at 24 times on earnings-based valuation versus 19 times for the Sensex index, according to data compiled by Bloomberg.

The data was sourced from BSE at 1.15 pm, and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.